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About the Listing PFED12 - 3346128
This fully modernized Charles Village triplex is engineered for maximum rental performance and minimal upkeep. Every major system—including utility lines, furnaces, AC units, meters, and insulation—is brand new, positioning the property for exceptionally low maintenance costs over the next 10–20 years. Updated infrastructure and energy-efficient components not only reduce overhead but also enhance long-term ROI, making it a high-performing asset in Baltimore’s thriving 2025 rental market, where average rents continue to climb amid strong tenant demand and limited new supply. With its turnkey readiness and premium upgrades, this triplex has the potential to achieve the highest gross rent of any triplex in Charles Village, driven by its durability, design quality, and prime location appeal. Located just minutes from MedStar Union Memorial Hospital, Johns Hopkins University, and Mercy Medical Center, the property attracts a consistent pool of professionals, students, and medical staff. Commuters benefit from easy access to Baltimore Penn Station, the Charm City Circulator, and multiple MTA bus routes, ensuring seamless connectivity throughout the metro area. Nearby conveniences include Safeway on N Charles Street, Streets Market, and Waverly Farmers Market, all within walking distance for daily essentials. Local attractions such as the Charles Street Promenade, the Inner Harbor, and the Baltimore Museum of Art enhance the neighborhood’s cultural and social vibrancy. With a solid brick structure, attached garage, and a footprint tailored for efficient management, this property is ideally structured for investors seeking both immediate rental strength and long-term appreciation in one of Baltimore’s most stable and in-demand rental submarkets.
Listing Highlights for 118 E 24th
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
MDBA2186772
Year Built
1920
Total Square Footage
3,720
Lot/Acreage
0.03
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 8
- Bathrooms: Full
- Appliances: Built-In Microwave, Built-In Range, Disposal, Exhaust Fan
- Air Cond: Central A/C,Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2790
- Below Ground Sq Ft: 930
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R-8
- Roof: Architectural Shingle,Flat,Asphalt
- Others: Bump-outs,Chimney Cap(s),Fire Escape,Gutter System,Excellent
- Sewer: Public Sewer
- Parking Features: Additional Storage Area,Garage - Side Entry,Attached Garage,On Street,1+ Spaces
Financial Details
- Tax Amount: $5,769
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
118 E 24th Baltimore, MD 21218
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